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ACT › Braddon › Batman St

201/2 Batman St, Braddon ACT 2612

For saleApartment

$850,000

For sale

Asking

3

Bedrooms

2

Bathrooms

2

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $850,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $850,000(Listing record · 12 Sept 2025)
  • CalculationAsk is 54% below the Braddon median recorded sale ($1,830,000, n=5, last 24 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Braddon's advertised median rent ($495/wk), implied gross yield would be 3.03% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.

Price evidence

The ask against the evidence

Asking

$850,000

Asking

No recorded sale for this property.

Braddon at a glance

7,489

People

$1,830,000

Median sale

$495/wk

Median rent

1.41%

Suburb gross yield

Median sale from 5 recorded sales (last 24 months) — a Districts calculation.

See the full Braddon report →

Vs Braddon

-53.6%

Median sale

Suburb $1,830,000

+1.62 pp

Gross yield

Suburb 1.41%

Suburb median $1,830,000 from 5 recorded sales (last 24 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$850,000
Stamp Duty (Australian Capital Territory)
$28,100
Transfer/Registration Fee
$496
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$882,296

$32,296 on top of the price (3.8% extra)

  • Stamp Duty (Australian Capital Territory)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Australian Capital Territory schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with Braddon's advertised median rent — not a rent for this listing.

Net yield
1.53%
Annual cashflow (pre-tax)
$-31,210
Interest cover (DSCR)
0.29
Annual rent
$25,740
Operating expenses
$12,750
Loan amount
$680,000
Annual interest
$44,200
Gross yield
3.03%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.

Site

Terrain

Terrain has not been calculated for this property yet.

Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.

Flood, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$850,000available12 Sept 2025

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

ACT

Why this lot, not just this suburb

Why could this property outperform?

Planning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $495/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded for this property. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 3.0%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

Districts view

Not enough official evidence yet to underwrite this as an investment.

Detail

The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”

Read more

Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.

The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.

Evidence

What is known for this property

Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded for this property.

  • Honest achievable rent

    Knownlow

    This is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. This jurisdiction has no comparable official bond series in the free set.

  • Rental supply pressure

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Braddon in one glance

Braddon at a glance

7,489

People

$1,830,000

Median sale

$495/wk

Median rent

1.41%

Suburb gross yield

Median sale from 5 recorded sales (last 24 months) — a Districts calculation.

See the full Braddon report →

Keep researching

  • Why Braddon? Read the area thesis →
  • What else is on the market in Braddon →
  • Other records on Batman St →

Listing material

Listed by Ruiz Property Management

Luxury Three-Bedroom Apartment with Rare Enclosed Balcony in Canberra CBD

Perfectly positioned in the heart of Canberra City, this stunning three-bedroom, two-bathroom apartment offers an unbeatable combination of space, luxury, and convenience. Located directly opposite Canberra Centre, you'll have premium shopping, dining, and entertainment right at your doorstep. Coles, Dendy Cinemas, and some of the city's finest restaurants - including Raku, Kin Thai, and Akiba - are all within easy walking distance.

The home features a bright and expansive living area, with the master bedroom and one secondary bedroom both facing north. A rare enclosed north-facing balcony extends the living space and ensures year-round comfort with abundant natural light.

Designed for modern living, the apartment is fitted with ducted air conditioning and high-end kitchen appliances, including a Smeg dishwasher, oven, and an externally vented rangehood - perfect for cooking enthusiasts.

Read the full description

Adding to the premium lifestyle, the apartment comes fully furnished with King Living designer furniture, plus a Tempur luxury mattress in the master bedroom - ensuring comfort and style from the moment you move in.

Practicality is not forgotten, with two secure side-by-side basement car spaces and a large storage cage included.

Key Features:

3 bedrooms | 2 bathrooms | 2 secure car spaces + large storage cage

Spacious and functional layout with north-facing master and second bedroom

Rare enclosed north-facing balcony with excellent natural light

Ducted air conditioning throughout

Premium Smeg kitchen appliances including externally vented rangehood

Fully furnished with King Living furniture & Tempur luxury mattress

Directly opposite Canberra Centre, Coles, and Dendy Cinemas

Surrounded by high-end restaurants, cafés, and bars

Unmatched CBD location with everything at your doorstep

This is a rare opportunity to secure a high-end apartment in Canberra's most central address - combining space, luxury, and convenience. Contact us today to arrange your private inspection.

Property details:

Year built: 2020

Living area: 98 m²

Balcony (winter garden): 12 m²

Rate: $520 p/q (approx.)

Strata: $1,250 p/q (approx.)

Land tax: $650 p/q (approx.)(Investor only)

EER: 6.0

Disclaimer:

While all care has been taken to ensure the accuracy of the information contained herein, Ruiz Property does not accept responsibility and disclaims all liabilities for any errors, omissions, inaccuracies or misstatements. All information provided is approximate only and should not be relied upon as a basis for making any formal decisions. Interested parties are advised to conduct their own enquiries and seek independent legal and financial advice.

Please note that the property may continue to be marketed and inspections may continue until contracts have been exchanged.

Listing description written by Eric Fan, Ruiz Property Management — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Alarm System
  • Balcony
  • Built-in Robes
  • Dishwasher
  • Furnished
  • Intercom
  • Pet-Friendly
  • Secure Parking
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.